Reliance Power & Infra Board OK Rs 9,000 Cr Fundraise Each

Date:

On July 16, 2025, the boards of Anil Ambani‑led Reliance Power and Reliance Infrastructure approved plans to raise up to ₹9,000 crore each through a combination of equity and debt instruments. Each company intends to raise up to ₹6,000 crore via equity or equity-linked securities, such as Qualified Institutional Placement (QIP) or follow-on public offers, targeting institutional investors. Additionally, both firms will issue non-convertible debentures (NCDs) worth ₹3,000 crore, structured in one or more tranches and subject to shareholder and regulatory approvals.

The dual fund-raising efforts aim to bolster each company’s balance sheet, support ongoing infrastructure and power projects and provide financial flexibility for future expansions. Shareholder approval at upcoming AGMs will determine the final terms and timelines for the issuances.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3 × 5 =

spot_img

Share post:

Subscribe

More like this
Related

Labour Codes: Balancing Growth, Security and Job Creation

India’s Labour Codes represent one of the most significant...

Expert Opinion: Rupee rebounds, probably marks a beginning of sustainable rupee rise.

The rupee’s sharp rebound of nearly 49 paise against...

Mexico Begins Construction of Refrigerated Logistics Hub to Boost Avocado Exports

Mexico has commenced construction on a large refrigerated logistics...

Mid-Size Construction Firms Report 20% Productivity Boost Through AI Adoption

Mid-size construction companies are witnessing a significant surge in...